sbi mutual fund

Just 2 question regarding Indian mutual funds?

Question by SHIRAZ S: Just 2 question regarding Indian mutual funds?
Hi I have 2 question.
1st Quesioh
in which category do these mutual funds fall?
1.SBI Magnum contra
2.ICICI Fusion Fund Series II
3.HSBC offshore Freemdom Fund -Indian Equity

IInd quesion
pls suggest some large cap funds which are different from the above fund and which invest in different shares and companies than above mutual funds..

Best answer:

Answer by Savetheworld
I cannot say about the other two but SBI magnum contra fund is a good fund provided you are in the (G) growth category.

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What’s the difference between the “Dividend” and the “Growth” option of SBI TAX ADVANTAGE FUND – SERIES I

Question by mplmpl: What’s the difference between the “Dividend” and the “Growth” option of SBI TAX ADVANTAGE FUND – SERIES I
In the State Bank of India mutual fund for tax saving http://www.sbimf.com/Product_Details.asp?ProductId=50 there are 2 options for the investor: “Dividend” and “Growth”. The former is said to have “only dividend payout”. Does that mean that the returns under that option will be lesser than the Growth option? What are the advantages/ disadvantages of each option? Will I loose out on anything for having selected Dividend option?
If the stock market crashes (as is happening now), will putting under Growth option give me less returns

Best answer:

Answer by N.J.Reddy
Dividend option means you will be given dividend when ever they announce the dividend. They will not keep the profits with them.

Growth means they do not declare any dividend and they go on reinvesting the profits and finally pay you total amount.

If you need some amount in between for your expenses, then go for dividend option. Otherwise go for Growth option.

In taxation point, whenever they pay you dividend the mutual fund is paying dividend distribution tax to Govt. around 12%. That is a indirect loss to the investor. The growth option will attract capital gains when the amount is drawn from the fund.

If you do not need any amount in between, then growth option is best.

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in which mutual fund, i should invest?

Question by thenewone: in which mutual fund, i should invest?
i want to invest in SBI COMMA (OR) MIDCAP FUND

please tell me in these which is the best one.

but, my excutive told me to invest in comma fund.

so i’m in confusion
. please tell me

thank you.

Best answer:

Answer by Kay
Go to Yahoo Finance and type in the mutual fund’s symbol you mentioned above. You can see the chart as well as other pertinent financial information and how each fund has been performing. Is it going up recently or going down significantly? Also find out expense ratio; fund management fee (how much or what % the fund manager charges to unit holders). If the fund management charges too much, profit you make from the fund could be eaten away by these fees. Just remember, they charge even if the fund performs terribly.

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is there any cash back to the investment in any mutual funds in India and when can we get it back exactly?

Question by loverboy: is there any cash back to the investment in any mutual funds in India and when can we get it back exactly?
if there any specific MF, I need the scheme names and i had already invested in SBI and Principal Mutual funds

Best answer:

Answer by JSAL21
what like dividends paid.. normally dividends paid repurchase shares of the MF, most reinvesting is very benefital for you. You want that money to grow you dont want to be paying taxes on small dividends right away..

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Online Stock Trading And Its Growing Significance

The internet technology has changed the very way life is led; the share market of India is no exception. Online share trading in India has witnessed such a big momentum that no matter where one is located, one can invest in the share market. With a few clicks of the mouse, one can have access to the live stock market, stock related news, recommended stocks charted out by market experts, and experience trading in a share. Furthermore, having access to the past performance of a particular share is easy online; in no time will your search facilitate you to taking the right decision i.e. choosing potential stocks. It is online share trading that is facilitating foreign investors to view the market conditions and accordingly invest in the share market of India. The result is pumping in of money amounting to billions which has resulted in the fast growth of the capital market.

For beginners, the share market of India will seem a difficult platform; getting confused about how to proceed in trading in a share is quite natural. In such a case, an online stock trading portal that offers brokerage solutions at par will well cater to your investing needs. Besides opening a trading account at such a portal, you can also get consistent guidance on how to go about. You will regularly get updated information relevant to your stock trading needs. There are no limitations involved in online stock trading. You can trade in as many stocks you want based on your preferences and budget. But an informed trading decision does yield results. You will certainly not want to just invest money in stocks that do not assure returns. To know about the potentiality of a particular stock, you can rely on an online stock trading platform for having access to all information related to the stock such as performance of the company for the past five years at least, rising and falling values of the share for a particular period, and related paraphernalia. Tips and tricks offered by market experts at such platforms can no doubt help you in taking wise decisions while trading in a share.

Besides online share trading, it is mutual funds that have been equally attracting investors. An online tock trading platform will update you with all potential mutual funds of India investing in which you can get good returns on your investment. Be it any mutual funds of India offered by reputed financial institutions like Tata, Reliance, SBI, HDFC, Birla Sun Life, LIC, and more, it is advisable to first read the details before investing. You can invest for a year and withdraw or continue investing for years together. Mutual funds encompass numerous kinds of securities such as cash, money market instruments, bonds, forwards, futures, options, swaps, and more. All mutual funds of India are subject to the respective investment objective as set forth in the particular fund’s prospectus. You can come across a wealth of information in the prospectus.

Caring for Parents Gift a Monthly Income!

Advanced technology, coupled with a wide network, has helped banks to provide easy money transfers with reasonable remittance charges. Besides sending money, you can now also invest, pay utility bills in India, and take a home loan as well. 

Apart from providing financial independence to your parents, you could also ensure their good health. ICICI Lombard’s Rishtey parents’ health insurance policy ensures cashless hospitalization and air fare reimbursements to visit dependants. You can gift the policy to your parents by buying it online or over the phone.

With mutual funds gaining momentum, investment avenues like fixed deposits and post office monthly savings schemes seem to have become passé. You could gift Monthly Income Plans (MIPs) in mutual funds to your parents. Some popular MIPs available in the market include Prudential ICICI MIP, Alliance MIP, SBI Magnum MIP, and Templeton MIP.

The returns on these may not be very certain since mutual funds are subject to market risks. But it is an ideal choice for someone looking at less risk (than you’d get from playing the stock market) and decent returns in the short run. Unlike the fixed rates of interest at the post office’s monthly savings scheme, the units in mutual funds can be sold anytime for the current price on the market. When you sell and what price you sell at will determine your returns. A higher return is possible depending on stock market fluctuations.

Have you opted for any of the above choices to ensure health, happiness, and comfort for your parents back home? Have they benefited from your initiative? Let us know, right here.

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Invest small sections in NCDs and company deposits

With the increasing interest rates, returns from non-convertible debentures (NCDs) and corporate fixed deposit are on the rise. In fact, some of these are elevated than bank fixed deposits.

Industry players say Shriram Transport Finance, Shriram City Union Finance, Manappuram General Finance and Muthoot Fincorp plan to begin NCDs in the coming months. Frequently, the investment tenure for these instruments is three-five years. The rates are impressive as well. For instance, well-rated companies are offering 12-13 %. The not-so-well known ones are offering even higher rates to garner funds.

Similarly, company fixed deposits are offering 10-11 % for up to three years. Dewan Housing, LIC Housing Finance, United Spirits, J K Paper, Gabriel India, JP Associates, Unitech, Mahindra & Mahindra are a few firms raising working capital through this instrument.

If you are a debt investor, these products are offering 1-2 % more than most bank fixed deposits. While State Bank of India (SBI) is giving 8.25 % on three-five year deposits, ICICI Bank is offering 8.75 %. Bank fixed deposits of five years and more are exempted from tax.

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At the same time, returns from debt funds stand at 6.16 % for the three-year period ended May 30, according to data from mutual fund rating agency Value Research.

Another important thing is to check the fundamentals and credit ratings of the company before investing. Very few highly rated companies offer lucrative rates. Only the low rated or debt-ridden ones give over 12 %. While United Spirits is offering 11 % for a year and 11.5 % for two years, Mahindra & Mahindra is paying eight and seven % for three and one year, respectively.

Experts advise being selective about the company you are investing in. Ideally, invest in large cap companies, even if the returns get capped slightly. Therefore, financial planners suggest investing in tranches or splitting the investible amount in smaller parts. Say, you have Rs 50,000. Divide it into three-five parts and then invest in such high-risk instruments.

However, both NCDs and corporate FDs are risky. Though the former is slightly safer than the latter, bank fixed deposits are the safest. In both cases, you bet on a company and the risk of default remains, say financial planners. Deposits are unsecured and in case of a default, you will find it hard to recover your money.

Talking of returns, banks like Lakshmi Vilas are offering over 10 % on fixed deposits.

In case of corporate deposits, liquidity can also be an issue. Most companies don’t allow you to break the deposit for a certain period (up to six months). If you do, you are penalised with a lower rate of interest (one-two % less). Company deposits typically target conventional savers, retirees and pensioners.

Remember, the overall earnings after tax will get reduced. Those in the 30 % tax bracket will earn a total interest of 8.5 % (on 13 % returns). In comparison, capital gains of debt funds will be taxed at 10 % and 20 % with and without indexation, respectively. For better returns than bank fixed deposits, financial experts suggest fixed maturity plans over company deposits. These are tax-efficient, too.

Source: [Business Standard]

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Myriad investing options in India

How many companies are there in the share market of India where you can invest? Well, there are thousands of companies listed in the National Stock Exchange, Bombay Stock Exchange, and other bourses of the country. The performance of these companies all depend on market volatility. But there are few companies that have outperformed, maintaining an uptrend always with very negligible downfalls. It is only research and your dedicated time and efforts that will help you find out these companies. Investing in such companies for the long term will certainly yield results. For novice investors in the Indian stock market, all companies will seem the same. It has been rightly said that a little knowledge is a dangerous thing. So, before you start investing in the share market of India, do familiarize yourself well with the trading terminologies, about the bourses, and everything related to the capital market. It is then only that you can expect experiencing a win-win situation in your investment venture no matter what the segment is whether it is the Indian stock market or the commodity market or mutual funds.

Besides buying of a share in India, what most investors are attracted to are mutual funds. This is because a mutual fund is actually a large portfolio of stocks already diversified to the advantage of the investor. When you invest in a particular mutual fund, you are actually joining countless others who have also invested in the same. More increased are the purchases and market uptrend in the said sector more will be the return on investment. You will come across different mutual funds of India offered by financial institutions like HDFC, SBI, Birla Sun Life, Tata, Reliance, and the list goes on. Small investors find it a lucrative investing option; most investors consider it safer than buying a share in India because the latter involves more risks. No matter all investment ventures are subject to market risks; it is the intensity of the risk as well as how it is managed that matters. Nonetheless mutual funds of India have been considered of late to be one of the most liquid investments around. Putting in money for a particular period will no doubt yield returns for you.

Another investment area equally gaining importance like the Indian stock market and mutual funds is the commodity market. The trading of commodities like lead, nickel, silver, crude, gold is witnessing an uptrend by the day. Buying and selling of goods in India and profits and losses all depend on the change in price of the goods in the international commodity market. Goods are bought and sold in bulk or single items; the commodity market is equivalent to the share market in terms of the changing values of prices.

When myriad investment options are there right in front of you why not grab the opportunity? Start your trading in a share in India, mutual funds, and commodities; registration at a brokerage portal will well serve your purpose!

Q&A: i bought a mutual fund(divident) on 12/03/10. Divident was declared on 15/03/10. Am i eligible for divident?

Question by Gobinath: i bought a mutual fund(divident) on 12/03/10. Divident was declared on 15/03/10. Am i eligible for divident?
Sbi Magnum comma fund(d)

Best answer:

Answer by Robert M
do not know what a divident is but if you’re asking about the dividend, then yes as long as the ex-dividend date was after 13 March.

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